Re:Greedflation: Corporate profiteering 'significantly' boos...
by bsder on Thursday December 07, 2023 @08:35PM
(#38564310)
> i think that there isn't enough competition.
This combined with hyper-optimized inventory chains.
Even if there is a competitor, the max they could absorb would be a 10% increase in demand (look at what happened in toilet paper during Covid).
So, even if I comparison shop and buy from a different supplier, only 10% max will benefit and then the new supplier simply can't add anybody else--everybody left has to go to back to the inflated price supplier.
And that's only if some upstream supplier isn't a monopoly supplying the whole sector.
This combined with hyper-optimized inventory chains.
Even if there is a competitor, the max they could absorb would be a 10% increase in demand (look at what happened in toilet paper during Covid).
So, even if I comparison shop and buy from a different supplier, only 10% max will benefit and then the new supplier simply can't add anybody else--everybody left has to go to back to the inflated price supplier.
And that's only if some upstream supplier isn't a monopoly supplying the whole sector.